SPI Energy enters into strategic partnership with General Energy Solutions Updated On Thu, Jun 9th, 2016 by Saurenergy SPI Energy has entered into strategic partnership with General Energy Solutions (GES) in Japan. Under the partnership agreement, SPI Energy’s wholly owned Japanese subsidiary, SPI Solar Japan G.K. (“SPI Japan”), will provide local technical support and sales services to GES and deliver more than 15 megawatts (“MW”) of project sales in 2016 and 5MW in […] Read more
ACME Wins Bids for 200 MW at SECI & NTPC Tenders in Andhra Pradesh and Telangana Updated On Sat, May 7th, 2016 by Saurenergy ACME has announced that it has bagged tenders for developing 200 MW solar power projects during separate tenders conducted by SECI and NTPC in Andhra Pradesh and Telangana, respectively. ACME won the largest share of 150 MW out of 400 MW in Andhra Pradesh at fixed tariff of Rs. 4.43 per unit in addition to […] Read more
ICRA estimates the capacity addition in the renewable energy sector to increase to 8.8 GW in FY 2017 Updated On Thu, Apr 21st, 2016 by Saurenergy ICRA has estimated the solar capacity addition to increase to about 5.7 GW in FY2017 as against the 3.0 GW seen in FY2016 based on the tenders already floated and proposed for award of solar projects under various State and Central Government policies so far. However, ICRA in its report notes that in the wind […] Read more
ACME wins 75 MW project in Jharkhand Updated On Wed, Mar 23rd, 2016 by Saurenergy ACME India has announced that it has expanded its solar power projects portfolio to 1229 MW with the latest addition of 75 MW project in Jharkhand. The financial bid from ACME for the tariff of Rs. 5.73 (25 MW) and 5.48 (50 MW) for 25 years was announced during the final bids opening by Jharkhand […] Read more
Govt to soon bring policy for Large-Scale Manufacturers Updated On Mon, Mar 7th, 2016 by Saurenergy Government is working on a policy to boost large-scale solar equipment production facilities that will be soon be sent for the Cabinet’s approval, New & Renewable Energy Minister Piyush Goyal said. “We are working on a policy to promote large-scale domestic manufacturing of solar equipment for making it more competitive,” Goyal said while addressing at SURYA KRANTI […] Read more
United PV Demands $90 Million as Remittance from Hareon Updated On Sat, Jan 16th, 2016 by Saurenergy A Chinese company named United Photovoltaics Group has claimed a return of $64 million and damages redress after a deal with Hareon went fatal. United Photovoltaics Group Limited recently filed a HK$700 million ($89.8 million) claim against Hareon Solar Technolgy Company Limited in connection with an agreement to acquire on-grid solar power projects in China. […] Read more
Stonepeak, CHC Form Japanese Battery Energy Storage Platform Updated On Fri, May 17th, 2024 by Saurenergy Stonepeak, an alternative investment firm specialising in infrastructure and real assets, and CHC, a battery energy storage system project development and electricity data management company headquartered in Singapore, have announced the creation of a platform focused on the development, construction, and operation of energy storage projects in Japan. The platform will focus on developing, constructing, […] Read more
India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report Updated On Thu, May 16th, 2024 by Saurenergy India Ratings and Research (Ind-Ra) expects the annual renewable capacity addition to maintain pace and remain at 15-18GW over FY25-FY26, owing to a significant reduction in equipment prices, continued policy support, availability of liquidity and investment plans of some of the large corporate players in the renewable sector for growth. However, the execution timelines of […] Read more
Chitradurga, Bellary Emerge As New RE Hotspots In Karnataka Updated On Thu, May 16th, 2024 by Saurenergy Karnataka is among the leading renewable-rich states in India. It is also touted as one of the earliest adopters of green energy. As per the latest data from the Ministry of New and Renewable Energy (MNRE), Karnataka ranks third in India when it comes to total solar capacities. Till April 2024, the southern Indian state […] Read more
